A firm's foreign demand for bottled water is represented by the diagram below. The marginal cost of bottling the water is $2. There is an extra 51 per bottle cost of transporting it to the foreign country for sale. How many bottles of water will the firm export? How much variable profit will it earn? Suppose it can build a bottling plant in the foreign country and the marginal cost of bottling the water in that country would continue to be $2, but there would not be any transportation cost. Should the firm build the foreign bottling plant if the cost of doing so is $20? What is the highest possible cost of building a foreign bottling plant that the firm would be willing to pay? D 10 20 30 4-0 5 D 50 7'0 80 90 100 l 10 Demand mm... Marginal Revenue Be sure to provide explanations for your answers and clearly show your calculations